Legal Question in Business Law in Colorado

Basic Payment Contract

I am the owner of a Title Insurance Company. I start working with Marketing Rep. who will provide MARKETING services for me. Marketing Representative will be paid $200 for every deal we process AND close. Marketing Representative will be paid the same day I receive the funds from Lender.So, I need just a basic contract that SHOWS THE PAYMENT INFORMATION. Example: Marketing Representative will be paid $200 the same day of Funding for every deal Title company closes.


Asked on 10/06/06, 5:51 pm

1 Answer from Attorneys
Robert Murillo Pivotal Legal Ltd.

Re: Basic Payment Contract

You should contact a real estate attorney to draft the contract.

I would be sure that any contract properly covers your liability if such marketing or activities violates any of a number of Colorado and federal laws regarding real estate settlement and financial services. Good luck.

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Answered on 10/06/06, 6:26 pm


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